USDJPY Daily Analysis – October 21, 2014

by ForexCycle.com | October 21, 2014 2:28 am
USDJPY is now in uptrend from 105.32, the fall from 107.39 is likely consolidation of the uptrend. Near term support is at 106.10, as long as this level holds, the uptrend could be expected to continue, and...

AUDUSD Daily Analysis – October 21, 2014

by ForexCycle.com | October 21, 2014 2:27 am
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. Resistance is at 0.8898, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 0.9401 (Sept 5...

GBPUSD Daily Analysis – October 21, 2014

by ForexCycle.com | October 21, 2014 2:27 am
GBPUSD broke above the upper line of the price channel on 4-hour chart. Further rise to test 1.6226 resistance is possible, a break of this level will signal completion of the downtrend from 1.6524, then next target...

EURUSD Daily Analysis – October 21, 2014

by ForexCycle.com | October 21, 2014 2:26 am
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2500. As long as the trend line support holds, the fall from 1.2867 could be treated as consolidation of the uptrend. Another...

Short-Term Uptrend on EURUSD (Oct 20, 2014)

by Kate Curtis | October 20, 2014 6:03 am
EURUSD is moving in a short-term uptrend since the ascending trend channel on its 1-hour time frame is still holding. Price is making its way to the channel support near the 1.2750 minor psychological level, which might...

USDCAD Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:48 am
USDCAD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0886, the fall from 1.1385 is likely consolidation of the uptrend. Support is located at the lower line of the channel, as...

USDCHF Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:47 am
USDCHF remains in downtrend from 0.9687, the rise from 0.9370 could be treated as consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...

USDJPY Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:47 am
USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 110.08 had completed at 105.32 already. Further rally would likely be seen in a couple of days, and next target would be...

AUDUSD Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:46 am
AUDUSD stays in the trading range between 0.8642 and 0.8898. The price action in the range is likely consolidation of the downtrend from 0.9401. As long as 0.8898 resistance holds, the downtrend could be expected to resume,...

GBPUSD Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:45 am
GBPUSD remains in downtrend from 1.6524, the price action from 1.5951 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the...